50 Things Wrong With the Waxman-Markey Cap-&-Trade (Tax) Bill
Waxman-Markey is part power-grab, part enviro-fantasy. Here are 50 reasons to stop it.
SPECIAL-INTEREST SOPS
1. Free money for well-connected business interests.
2. A little something for Goldman Sachs. Again.
3. Alcoa and Dupont get their share. The utilities, too.
7. All carrot, no stick for the farm lobby.
8. Replacing the EPA with the USDA.
10. Buying off electric cooperatives.
11. Monsanto rounds up favors.
12. Interfering with free trade.
13. Billions for “international clean technology.”
NON-CAP MANDATES
15. Establishing “renewable” standards.
16. Trading “renewable” credits.
17. Excluding the clean sources.
18. Meet the “Carbon Storage Research Corporation.”
20. Restricting coal-fired plants.
22. Everything, and the kitchen sink.
25. Commercial properties also pay to go green (twice!).
27. Fuel-efficiency standards.
29. Stopping states’ innovation.
GREEN DREAMS
33. That ethanol pipeline, again.
34. Cash for clunky microwaves.
35. $15 billion for the wind industry.
36. Truckin’ money.
38. $1.5 billion for Hollings.
39. $65 million for gas turbines. You’re welcome, GE!
VARIOUS LEFT-WING WISH FULFILLMENT
42. Community-organizers get their piece.
43. Tax-code income redistribution.
44. The new monthly welfare check.
45. Put ’em out of work, then pay them.
46. Dozens of new government offices and agencies.
47. Bambi’s payday.
48. The wrong kind of federalism.
49. Greening health-care spending.
50. Investing in “emerging” careers.
ENTIRE ARTICLE FOUND AT: http://article.nationalreview.com/?q=YTc1MmVhMGYxY2UzNzAwMTJlODBjZjg2NDJjNmM2MWE=&w=MA==
By Stephen Spruiell & Kevin Williamson, National Review, July 2, 2009
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